Why might defenders argue that such tariffs are legal

Assignment Help Econometrics
Reference no: EM131145430

Many countries have value-added taxes-taxes that are paid by producers, but are intended to fall on consumers. (They're basically just an indirect way of imposing sales taxes.) Such value-added taxes are always accompanied by an equal tax on imports; such import taxes are considered legal because like the value-added tax, they're really an indirect way of taxing all consumer purchases at the same rate. Compare this situation to the argument over carbon tariffs. Why might defenders argue that such tariffs are legal? What objections can you think of?

Reference no: EM131145430

Questions Cloud

What effective control systems does health care organization : What effective control systems does a health care organization have in place to ensure that different people with varying professional commitments and approaches are consistent with the organization's mission in a patient-centered environment?
What is the best allocation of workers between the two plant : The marginal product of labor at plant 2 is MP2 = 2000 - L2 where L2 is the number of workers employed in plant 2. Given that you have 1,000 workers, what is the best allocation of workers between the two plants?
Discuss the effect that this event will have on the company : Data Technologies provides maintenance service for computers and office equipment for companies throughout the Northeast.
How would you set about analysing the situation : You are faced with a situation you feel may be unethical. How would you set about analysing the situation? Think carefully about the ethical analysis process, not the potential ethical dilemma.
Why might defenders argue that such tariffs are legal : Compare this situation to the argument over carbon tariffs. Why might defenders argue that such tariffs are legal? What objections can you think of?
How many different ways can those 5 numbers be selected : In South Carolina Palmetto Cash 5 lottery game, winning the jackpot requires that you select the correct 5 numbers between 1 and 38. How many different ways can those 5 numbers be selected?
Analyze complexities of one of production strategies issues : Next, consider operational issues in the U.S. market and analyze the complexities of one of these following issues: Production strategies and Accessing physical resources and managing inventory.
Fashion apparel and accessories chain store : Nara is a fashion apparel and accessories chain store that procures a line of new shorts at $10 each from its European supplier. Unfortunately, at the time of order placement, demand is still unknown. Nara forecasts that its demand is normally distri..
Write a compiler program that allows variables : Write a compiler program that allows variables in the postfix expressions; for each variable, the program should ask the user for the value of this variable, and then compute the value of the corresponding expression.

Reviews

Write a Review

Econometrics Questions & Answers

  How does the advance in chinese productivity affect economic

Suppose that China catches up with American productivity so that Chinese worker can produce 100 shirts or 20 computers. What pattern of trade would you predict now How does this advance in Chinese productivity affect the economic well-being of the..

  Saving and investment throughout the world

The same publication has a table entitled "Table B14. Advanced Economies: Current Account Transactions." The Advanced countries are the United States, Germany, France, Italy, Spain, Japan, the United Kingdom, and Canada. Use this table to list the..

  What is the opportunity cost of pearls on each island

Alpha and Beta, two tiny islands off the east coast of Tricoli, produce pearls and pineapples. The production-possibilities schedules in the table below describe their potential output in tons per year. (a) What is the opportunity cost of pearls on..

  What is profit or loss by an economists definitions

Economan has been infected by the free enterprise bug. He sets up a firm on extraterrestrial affairs. The rent of the building is $4,000, the cost of the two secretaries is $40,000, and the cost of electricity and gas comes to $5,000.

  How much is the unemployment rate likely to rise

Suppose the Farsighted Forecasting Group, an organization of private economists, predicts that the output gap will fall by 4 percent over the next year. According to Okun's Law, by how much is the unemployment rate likely to rise?

  Formulate this maximization problem as a dynamic programming

Argue without solving this problem that there exists a unique value function V (k) and a unique policy rule c = π(k) determining the level of consumption as a function of the level of capital stock.

  How much will consumption change

If the MPC in the traditional model is .8 and disposable income changes by $10 million (you may assume that this change is due entirely to a change in transitory income), by how much will consumption change?

  Explain would it be sensible to run the flight

marginal airlines runs 10 flights per day at a total cost of $50,000, including $35,000 in fixed costs for airport fees and the reservation system and $15,000 for flight crews and food services. If an 11th flight would have 20 passengers, each pay..

  Define the credit cards using loan balances

She has three credit cards with the following loan balances and APRs: Card 1, $4,500, 21%; Card 2, $5,700, 24%; and Card 3, $3,200, 18%. Interest compounds monthly on all loan balances. A credit card loan consolidation company has captured Mary's ..

  What is the present value of the anticipated petroleum

A petroleum geologist estimates that the present annual production of 300000 barrels of oil from a group of 10 wells will decrease as follows over a 19 year life: Years 1 - 4, 300000 barrels/year,, Years 5-10, 215000 barrels/year, 11-15, 125000 and..

  How many units will the consumer buy in total

Suppose that individual demand for a product is given by QD = 1000 - 5P. Marginal revenue is MR = 200 - 0.4Q, and marginal cost is constant at $20. There are no fixed cost. A. The firm is considering a quantity discount. The $120, and further units..

  Determined that men value a simple microwave

The manufacturer has determined that men value a simple microwave at $70 and one with auto-defrost at $80 while women value a simple microwave at $80 and one with auto-defrost at $150.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd